| Description |
1 online resource (33 pages) |
| Series |
IMF Working Papers |
|
IMF Working Papers; Working Paper ; no. 18/162
|
| Contents |
Cover; CONTENTS; ABSTRACT; I. INTRODUCTION; II. THE STATE OF THE ECCU BANKING SECTOR; III. METHODOLOGY; IV. SIMULATION RESULTS; A. Individual Bank shocks; B.A Macroeconomic Stress-Test Scenario; V. CONCLUSIONS; VI. APPENDICES; A. Appendix 1. Adjusting Bank Capital for Collateral Overvaluation; B. Appendix 2. Bank Network Analysis: Time Dimension; VII. REFERENCES |
| Summary |
This paper applies network analysis to assess the extent of systemic vulnerabilities in the ECCU banking system. It includes two sets of illustrative stress tests. First, solvency and liquidity shocks to each individual bank and the impact on other banks in the network through their biltareal net asset exposures. Second, country and region-wide tail shocks to GDP affecting capital and liquidity of all banks in the shocked jurisdictions, followed by the rippling effects through the regional network. The results identify systemic institutions that merit hightened attention by the regulator, as determined by the degree of connectivity with the rest of the system, and the extent to which they are vulnerable to the failure of other banks |
| Notes |
Print version record |
| Subject |
Eastern Caribbean Currency Union.
|
| SUBJECT |
Eastern Caribbean Currency Union fast |
| Subject |
Banks and banking -- Caribbean Area
|
|
Fiscal policy -- Caribbean Area
|
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Fiscal policy
|
|
Banks and banking
|
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Banks.
|
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Financial Surveillance.
|
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International Lending And Debt Problems.
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Network Analysis.
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Caribbean Area
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| Form |
Electronic book
|
| Author |
Guerson, Alejandro D.
|
|
Myrvoda, Alla.
|
| ISBN |
1484368525 |
|
1484367502 |
|
9781484367506 |
|
9781484368527 |
|
